Redstone Shows It Pays to Work From Home

There are lots of benefits to working from home: short commute, flexible hours and relaxed attitude to clothing. And for Sumner Redstone, at least, there's the pay.

The controlling shareholder of Viacom and CBS, who doubles as each company's executive chairman, last year took home $33 million in total compensation, about half of which was cash and the rest equity, from the two companies. While both are headquartered in New York, the 86-year-old can be found most days at his home in Los Angeles. Each company recently...